European Parliament Library

Nicaragua :, Selected Issues

Abstract
This Selected Issues paper analyzes Nicaragua’s social security system, which is projected to run out of liquid reserves by 2019, several years earlier than anticipated. To avoid burdening the budget, reforms to the system are urgently needed. A deep actuarial, economic, and operational analysis is needed to design a comprehensive reform program. Such a program must ensure that the defined-benefit, pay-as-you-go system can sustain itself for another generation of workers and that improved health care benefits can be maintained. A politically acceptable, pragmatic solution appears within reach. However, the authorities should act quickly to avoid a costly bailout of the system
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (66 pages).
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484305706

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